2, CHILTERN CLOSE, COLCHESTER, CO1 1ZS - £78,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CHILTERN CLOSE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £252,433. It was last sold for £78,000 in September 2001, which was around 25% below the average September 2001 semi-detached price in the Colchester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

2 CHILTERN CLOSE Sold Prices

Land registry data shows two sales for 2 CHILTERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 2 CHILTERN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 21 SEP	£78,000	£103,864	25% below HPI
1996 7 JUN	£44,000	£56,905	23% below HPI

2 CHILTERN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 2 CHILTERN CLOSE sales from June 1996 and September 2001 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2001 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 CHILTERN CLOSE be worth now?

2 CHILTERN CLOSE might now be worth an estimated £252,433.

This is based on house price inflation of 223.6%, between September 2001 and December 2024, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 223.6% inflationary increase is applied to the most recent sale price for 2 CHILTERN CLOSE of £78,000 on 21st September 2001. For the value to have increased from £78,000 to £252,433 over the 22 years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 CHILTERN CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The September 2001 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHILTERN CLOSE has not materially changed since September 2001.

How Large is 2 CHILTERN CLOSE?

2 CHILTERN CLOSE is 56m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 2 CHILTERN CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 CHILTERN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 CHILTERN CLOSE: Plot and Title Map

2 CHILTERN CLOSE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 2 CHILTERN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 CHILTERN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 CHILTERN CLOSE?

2 CHILTERN CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 2 on CHILTERN CLOSE.